Neumeier Poma Investment Counsel LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 17.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,185 shares of the exchange traded fund’s stock after purchasing an additional 6,549 shares during the quarter. Neumeier Poma Investment Counsel LLC’s holdings in SPDR Gold Shares were worth $17,115,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of GLD. Bank of Montreal Can acquired a new position in SPDR Gold Shares during the 3rd quarter worth $556,282,000. Corient Private Wealth LLC boosted its position in SPDR Gold Shares by 108.1% during the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after acquiring an additional 559,507 shares during the period. Axxcess Wealth Management LLC boosted its position in SPDR Gold Shares by 1,158.4% during the 4th quarter. Axxcess Wealth Management LLC now owns 504,462 shares of the exchange traded fund’s stock worth $199,923,000 after acquiring an additional 464,376 shares during the period. Teacher Retirement System of Texas boosted its position in SPDR Gold Shares by 103.7% during the 4th quarter. Teacher Retirement System of Texas now owns 568,900 shares of the exchange traded fund’s stock worth $225,461,000 after acquiring an additional 289,550 shares during the period. Finally, Dynasty Wealth Management LLC acquired a new position in SPDR Gold Shares during the 4th quarter worth $108,320,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Gold Shares Stock Performance
Shares of GLD stock opened at $411.27 on Friday. SPDR Gold Shares has a 1 year low of $299.89 and a 1 year high of $509.70. The stock has a fifty day moving average of $425.14 and a two-hundred day moving average of $427.44. The firm has a market capitalization of $149.58 billion, a PE ratio of -32.43 and a beta of 0.14.
Trending Headlines about SPDR Gold Shares
- Positive Sentiment: Gold prices moved higher as the dollar and Treasury yields fell, supporting demand for non-yielding assets like gold. Update: Gold Trading Higher as the Dollar and Yields Fall as Israel and Lebanon Agree to a Ceasefire
- Positive Sentiment: Gold reclaimed the $4,500 level after weaker-than-expected U.S. jobless claims reinforced the case for slower growth and potential Fed easing. Spot gold reclaims $4,500/oz after U.S. weekly jobless claims rise to 225k
- Positive Sentiment: Analysts said deglobalization and a global scramble for strategic resources are strengthening gold’s long-term case as a reserve asset. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
- Neutral Sentiment: Some technical traders see gold testing key support and resistance levels, suggesting the metal may be near an inflection point rather than in a clear trend. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Key Inflection Zone
- Neutral Sentiment: Central banks returned to net buying in April, which supports gold demand, but the pace was modest and not enough to offset broader macro swings. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
- Negative Sentiment: China’s gold market is showing signs of cooling, including weaker ETF inflows, which could temper one of the major demand pillars behind the rally. China’s gold market is cooling, multiple metrics show
- Negative Sentiment: Several reports note that hotter inflation, stronger U.S. data, and rising rate-hike expectations have recently pressured gold below key technical levels. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike
About SPDR Gold Shares
SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.
Featured Articles
- Five stocks we like better than SPDR Gold Shares
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
- Generac’s AI Power Pivot Raises a Bigger Question About Data Center Demand
- Medtronic Bottoms, Healthy Rebound Ahead
- GitLab’s Price Recovery Gains Traction—Time to Get On Board?
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
